Programme Objectives
The goal of this programme is to provide you with project financing skills you can immediately use upon return to your workplace. Analysts will learn to use demonstrated analytical strategies which will enable them to assess the degree of risk and benefits of specific project financing, along with the elements of the day-to-day business and operational aspects.This programme is also designed to enhance the check lists and benchmark metrics by which you can reduce losses and which will be viewed favourably by both management and the regulatory community.
Programme Methodology
This five day training programme is comprised of presentations, illustrations, worked examples, exercises and discussions.
Who Should Attend?
This programme has been designed to meet the needs of industry brokers of structured finance and the requirements of any banker who is directly involved in structuring finance for the trade, service and project sector of the economy. The outline takes in construction, PPP, energy, infrastructure, government and many other areas that look to sound concepts of structured finance to manage their risk and cash flow while deriving benefits for investors.
Programme Timings: Registration will begin at 08.00 on Day One. The programme will commence at 08.30 each day and continue until 14.30 when lunch will be served. There will be two refreshment breaks at appropriate intervals.
Day One – Sunday, 16 November 2008
Introduction And Overview
A complete overview of the project finance space from a holistic perspective and the additional areas that are covered throughout the programme.
The Purpose Of Project Finance
An introduction of project finance, what it attempts to achieve and the various parties that become involved in the project, with a specific emphasis on the roles each party undertakes.
• Investors
• Owners
• Capital markets
• Banks, insurance agencies
• Brokers
Where Is Project Finance Found?
The key areas in the economy where project finance is found and how it goes about to achieve specific results in each sector of the economy.
Project Finance Stages
The financing of specific projects has different stages of requirements and each is managed from a financial perspective in a different way.
• Elements of common deals and the finance model
• Model layout (input, calculation and report)
• Model output and how it is used by each member role of the project
• Project proposal structuring
• Introduction to the balance sheet approach
Cost
The types and structure of costs (fixed and variable) within a project, how they should be represented and the time and term of such costs.
• The types of costs and how they should be represented
• Estimating costs
• Granular levels of costs and aggregation
• Time and money
• The concept of interest
• Sample case study on time and cost
Revenue And Cash flow
With costs dealt with, the programme switches to the other side of the balance sheet and a full session on revenue enhancement is delivered.
• Definitions of different types of revenue
• How financial institutions review different types of revenue
• Deriving benefits for investors and how to present
• Introduction to valuation approaches (EBITDA, PV, FV)
• Errors with specific valuation approaches
• Case study and example in Excel